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Growth in Hungary 50% Over EU Average

Growth in Hungary 50% Over EU Average

  • 1 Oct 2024 6:34 AM
  • business
Hungary's economy is expanding at a rate 50pc over the European Union average, but it needs to grow even faster, Prime Minister Viktor Orban told lawmakers in parliament on Monday at the start of the autumn session.
Brussels is Trying To Divert Foreign Investments in Hungary to Romania, Says Gov't Official

Brussels is Trying To Divert Foreign Investments in Hungary to Romania, Says Gov't Official

Responding to a report that a vice-president of the European Parliament was urging foreign companies to make investments in countries like Romania rather than in Hungary, a foreign ministry official said on Monday that Brussels would “move the BMW factory in Debrecen to Romania”.
Hungary's Exports Hit Record Highs

Hungary's Exports Hit Record Highs

Hungary's exports in the first five months of 2023 grew by 11% from a record-high base in 2022, reaching the all-time record of 63.5 billion euros, according to the minister of foreign affairs and trade.
Egypt Adds More Railway Carrages to “Largest Ever Order for Hungarian Vehicles”

Egypt Adds More Railway Carrages to “Largest Ever Order for Hungarian Vehicles”

Egypt is ordering another 50 railway carriages from Hungary on top of the 1,300 ordered so far, Péter Szijjártó, the minister of foreign affairs and trade said.
Hungary & Ecuador To Sign Defence, Hydrocarbon Industry Cooperation Pacts

Hungary & Ecuador To Sign Defence, Hydrocarbon Industry Cooperation Pacts

Hungary and Ecuador are signing a defence and a hydrocarbon industry cooperation agreement with the aim of preventing security risks and guaranteeing energy supply, Péter Szijjártó, the minister of foreign affairs and trade, said in Quito.
Hungarian Brexit Adjustment Reserve Supports 63 Companies With HUF 23 Billion

Hungarian Brexit Adjustment Reserve Supports 63 Companies With HUF 23 Billion

The government’s 23 billion forint (EUR 61.7m) adjustment reserve for companies harmed by Brexit supports 63 companies, Péter Szijjártó, the minister of foreign affairs and trade, said, handing the support certification to Rovitex Homedeco.
New Report: Hard To Estimate Exact Number Of Expats Working In Hungary

New Report: Hard To Estimate Exact Number Of Expats Working In Hungary

To fully tap into the potential of the foreign workforce, a more transparent, up-to-date system is needed that provides information on both the necessary skills needed and the available jobs in a region. Less red tape when employing foreign labor would also be welcome.
Hungary & Croatia Ties 'Excellent But Could Improve Further'

Hungary & Croatia Ties 'Excellent But Could Improve Further'

The ties between Hungary and Croatia are excellent but could improve even further, Foreign Minister Péter Szijjártó said, after talks with his Croatian counterpart, Gordan Grlić-Radman, in Budapest.
Hungarian Foreign Minister: Debrecen BMW Plant To Further Strengthen Economy

Hungarian Foreign Minister: Debrecen BMW Plant To Further Strengthen Economy

The building of a BMW plant in Debrecen, in eastern Hungary, will further strengthen the Hungarian economy, the minister of foreign affairs and trade said, commenting on the German carmaker’s announcement to start a construction project in the spring of 2020.
Growth in Hungary 50% Over EU Average

Growth in Hungary 50% Over EU Average

  • 1 Oct 2024 6:34 AM
  • business
Hungary's economy is expanding at a rate 50pc over the European Union average, but it needs to grow even faster, Prime Minister Viktor Orban told lawmakers in parliament on Monday at the start of the autumn session.
Brussels is Trying To Divert Foreign Investments in Hungary to Romania, Says Gov't Official

Brussels is Trying To Divert Foreign Investments in Hungary to Romania, Says Gov't Official

Responding to a report that a vice-president of the European Parliament was urging foreign companies to make investments in countries like Romania rather than in Hungary, a foreign ministry official said on Monday that Brussels would “move the BMW factory in Debrecen to Romania”.
Hungary's Exports Hit Record Highs

Hungary's Exports Hit Record Highs

Hungary's exports in the first five months of 2023 grew by 11% from a record-high base in 2022, reaching the all-time record of 63.5 billion euros, according to the minister of foreign affairs and trade.
Egypt Adds More Railway Carrages to “Largest Ever Order for Hungarian Vehicles”

Egypt Adds More Railway Carrages to “Largest Ever Order for Hungarian Vehicles”

Egypt is ordering another 50 railway carriages from Hungary on top of the 1,300 ordered so far, Péter Szijjártó, the minister of foreign affairs and trade said.
Hungary & Ecuador To Sign Defence, Hydrocarbon Industry Cooperation Pacts

Hungary & Ecuador To Sign Defence, Hydrocarbon Industry Cooperation Pacts

Hungary and Ecuador are signing a defence and a hydrocarbon industry cooperation agreement with the aim of preventing security risks and guaranteeing energy supply, Péter Szijjártó, the minister of foreign affairs and trade, said in Quito.
Hungarian Brexit Adjustment Reserve Supports 63 Companies With HUF 23 Billion

Hungarian Brexit Adjustment Reserve Supports 63 Companies With HUF 23 Billion

The government’s 23 billion forint (EUR 61.7m) adjustment reserve for companies harmed by Brexit supports 63 companies, Péter Szijjártó, the minister of foreign affairs and trade, said, handing the support certification to Rovitex Homedeco.
New Report: Hard To Estimate Exact Number Of Expats Working In Hungary

New Report: Hard To Estimate Exact Number Of Expats Working In Hungary

To fully tap into the potential of the foreign workforce, a more transparent, up-to-date system is needed that provides information on both the necessary skills needed and the available jobs in a region. Less red tape when employing foreign labor would also be welcome.
Hungary & Croatia Ties 'Excellent But Could Improve Further'

Hungary & Croatia Ties 'Excellent But Could Improve Further'

The ties between Hungary and Croatia are excellent but could improve even further, Foreign Minister Péter Szijjártó said, after talks with his Croatian counterpart, Gordan Grlić-Radman, in Budapest.
Hungarian Foreign Minister: Debrecen BMW Plant To Further Strengthen Economy

Hungarian Foreign Minister: Debrecen BMW Plant To Further Strengthen Economy

The building of a BMW plant in Debrecen, in eastern Hungary, will further strengthen the Hungarian economy, the minister of foreign affairs and trade said, commenting on the German carmaker’s announcement to start a construction project in the spring of 2020.